Acquisition (Tables)

6 Months Ended

Jun. 29, 2019

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the provisional allocation of the purchase price to the fair values assigned to the assets acquired and liabilities assumed at the date of the acquisition and as adjusted as of June 29, 2019:



(In thousands):	As of March 8, 2019			As of June 29, 2019
Trade accounts and note receivable, net	$	1,840		$	1,840
Inventories, net	5,523			4,353
Other current assets	1,389			1,391
Property, plant and equipment	16,791			16,652
Identifiable intangible assets	7,976			6,886
Right-of-use assets	79			79
Deferred tax asset	1,104			1,104
Other noncurrent assets	—			28
Accounts payable and accrued liabilities	(2,461		)	(2,540		)
Deferred tax liabilities	(2,861		)	(318		)
Long-term lease liability	(37		)	(37		)
Net assets acquired	29,343			29,438
Goodwill	35,133			34,516
Total purchase price, net of cash acquired	$	64,476		$	63,954

SPG

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the final allocation of the purchase price to the fair values assigned to the assets acquired and liabilities assumed at December 31, 2018 and as adjusted as of June 29, 2019:



(In thousands):	As of December 31, 2018			As of June 29, 2019
Trade accounts and note receivable, net	$	19,173		$	19,173
Inventories, net	42,758			42,758
Other current assets	1,322			706
Property, plant and equipment	6,653			6,653
Identifiable intangible assets	150,430			150,430
Deferred tax assets	831			734
Other noncurrent assets	12			12
Current liabilities	(26,473		)	(26,473		)
Deferred tax liabilities	(35,533		)	(35,271		)
Other noncurrent liabilities	(1,412		)	(1,412		)
Net assets acquired	157,761			157,310
Goodwill	183,729			184,180
Total purchase price, net of cash acquired	$	341,490		$	341,490

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The Company recognized the following finite-lived intangible assets as part of the acquisition of SPG:



(In thousands)	Amount		Weighted average life in years
Developed technology	$	20,070	8.0
Trademarks and trade names	6,670		12.0
Customer relationships	107,790		12.0
Other	15,900		0.9
	$	150,430	10.0